NBA May Return To SeattleSports Monday, January 21st, 2013
UNDATED (AP) _ It looks like the SuperSonics may be returning to Seattle. Sort of.
The Maloof family, which owns the Kings’ franchise, has agreed to sell the team to a Seattle group led by investor Chris Hansen, the league confirmed in a statement Monday morning. The deal is still pending a vote by the NBA Board of Governors.
A person familiar with the decision said that Hansen’s group will buy 65 percent of the franchise, which is valued at a total price of $525 million, and move the team to Seattle and restore the SuperSonics name.
The person spoke to The Associated Press on condition of anonymity because the deal was waiting approval.
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